Cheap Apartments for Rent in the McVey Neighborhood of Lake Oswego, OR from $800 (23 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the McVey area of Lake Oswego.

close
View Me
Northshore Apartments
Studio to 3 Bedroom Apartments

Northshore Apartments

50 Northshore RdLake Oswego, OR 97034
  • Utilities Included
close
View Me
ReNew Laurelwood
2 Bedroom Apartments

ReNew Laurelwood

3855 Lake Grove AveLake Oswego, OR 97035
  • Utilities Included
close
View Me
Haven Lake Oswego
1 to 2 Bedroom Apartments

Haven Lake Oswego

15000 Davis LnLake Oswego, OR 97035

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Portland’s Best Affordable Neighborhoods

Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

close
View Me
Stanford
2 Bedroom Apartments

Stanford

2013 SE Courtney RdMilwaukie, OR 97222
close
View Me
Forest Ridge
2 Bedroom Apartments

Forest Ridge

12600 SE River Rd SPortland, OR 97222

McVey, Lake Oswego, OR Local Guide

Cheapest Available McVey Apartments for Rent

 

The cheapest available apartment rental in the McVey area of Portland, OR is a Studio unit found at Overlook at the Willamette priced from $1,325. Axletree Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,328. Here are the most affordable McVey apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Overlook at the WillametteStudioStudio,1BA$1,325
Axletree ApartmentsKelloggStudio,1BA$1,328
Miramonte LodgeMorrisonStudio,1BA$1,345
Henley PlaceThe MapleStudio,1BA$1,370
Seven AcresCurrant - Bldg 1Studio,1BA$1,460

Best Value Apartments for Rent in McVey, OR

As of April 25, 2025 the best value apartment in the McVey area is the $1.78 price per square foot 2 Bed 1.5 Bath Townhome 1130SF Model at Larkspur West Linn in the in the Glenmorrie neighborhood starting from $2,015. The second greatest value McVey apartment is the Layout B Model at River Cliff Apartments starting at $1,595 with a $1.45 price per square foot in the Foothills neighborhood. Here is today’s list of the best values for McVey apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Larkspur West Linn2 Bed 1.5 Bath Townhome 1130SF2BR,2BA$1.78
River Cliff ApartmentsLayout B2BR,1BA$1.45
Haven Lake Oswego2 bed 2 bath2BR,2BA$1.92
Oswego Pointe1 Bed 1 Bath1BR,1BA$2.23
Milo at Mountain ParkAsh Loft1BR,1BA$2.19
One JeffersonA11BR,1BA$2.69
Arrive West LinnSpruce1BR,1BA$2.59
100 Kerr Pkwy, Unit 13100 Kerr Pkwy1BR,1BA$2.51
Axletree ApartmentsBernard1BR,1BA$2.63
Overlook at the WillametteStudioStudio ,1BA$2.33

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Mcvey, Lake Oswego, OR

Ranked #18

Among neighborhoods in Lake Oswego, OR for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

Our team compares millions of points of data to bring you comprehensive Lifestyle Ratings of rentals in metropolitan areas across the United States and customized analysis for South Portland, OR. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, transit availability, pet-friendly communities, family-friendly amenities, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap McVey Apartments

What is a cheap apartment in McVey?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in McVey is under $1,676.

What is the price of a cheap apartment in McVey?

The cheapest apartment in McVey is Miramonte Lodge which is listed at $1,545, while the average apartment in McVey costs $4,500.

What types of apartments are the cheapest in McVey?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 7 regular apartments in McVey that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in McVey?

Cheap apartments in McVey have an average cost of $112 which is $4,388 cheaper than the average rent for all rentals in McVey.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

Written by: Chad Deitchley

As your ApartmentHomeLiving.com Local Expert for Portland, Oregon, I’d like to briefly introduce myself. My name is Chad, and I come to the ApartmentHomeLiving.com team after living in Portland for decades.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.